1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,520 --> 00:00:17,880 Speaker 1: Let's take a look at some of the stocks on 5 00:00:17,880 --> 00:00:20,159 Speaker 1: the move today. I'm Paul singing with Alex Steele and 6 00:00:20,239 --> 00:00:23,840 Speaker 1: we're joined by Bloomberg's Christin. Are you looking at well, 7 00:00:23,880 --> 00:00:26,880 Speaker 1: Paul looking at am D this hour, those shares of 8 00:00:27,000 --> 00:00:30,440 Speaker 1: more than four percent. That's after we got HSBC upgrading 9 00:00:30,440 --> 00:00:33,319 Speaker 1: the chip maker to hold from reduce, and of course 10 00:00:33,360 --> 00:00:36,199 Speaker 1: the analyst are citing the de escalation in tariffs. We 11 00:00:36,280 --> 00:00:41,760 Speaker 1: have had AMD striking some deals with a Saudi Arabian 12 00:00:41,800 --> 00:00:44,240 Speaker 1: AI company. That's off the back of President Donald Trump's 13 00:00:44,360 --> 00:00:46,680 Speaker 1: trip to the Middle East, of course, and in earlier 14 00:00:46,680 --> 00:00:48,920 Speaker 1: this month it also struck a deal with a Semmina 15 00:00:49,159 --> 00:00:52,680 Speaker 1: which will buy AMD's air server assembly plants. That deal 16 00:00:52,800 --> 00:00:55,279 Speaker 1: is worth as much as three billion dollars. So some 17 00:00:55,320 --> 00:00:57,640 Speaker 1: good deals for AMD here boosting to stock today. 18 00:00:57,720 --> 00:00:59,760 Speaker 2: Yeah, so there is stuff like we're starting to see 19 00:00:59,800 --> 00:01:01,560 Speaker 2: like m and a kind of move a little bit. 20 00:01:01,960 --> 00:01:03,400 Speaker 1: All right, Let's going to Apple for a second. 21 00:01:03,480 --> 00:01:05,520 Speaker 2: To the rough part for Apple last week, of course, 22 00:01:05,720 --> 00:01:08,840 Speaker 2: was potentially the threat from President Trump having to move 23 00:01:08,880 --> 00:01:10,039 Speaker 2: off production to the US. 24 00:01:10,160 --> 00:01:13,520 Speaker 1: Right now, Well, Alex, we're seeing a rebound, so investors 25 00:01:13,560 --> 00:01:15,800 Speaker 1: kind of taking stock of what's next for Apple right So, 26 00:01:15,880 --> 00:01:19,080 Speaker 1: shares up just over one percent at the moment, and yeah, 27 00:01:19,120 --> 00:01:22,440 Speaker 1: they are snapping an a day decline of more than 28 00:01:22,480 --> 00:01:25,319 Speaker 1: eight percent. That's the longest losing streak since January twenty 29 00:01:25,360 --> 00:01:30,000 Speaker 1: twenty two. So after all the buzz over President Trump's 30 00:01:30,040 --> 00:01:32,800 Speaker 1: comments of a potential twenty five percent tariff and Apple 31 00:01:32,840 --> 00:01:35,200 Speaker 1: people are asking how exactly are they going to be 32 00:01:35,240 --> 00:01:37,679 Speaker 1: doing this, right because otherwise your iPhone is going to 33 00:01:37,720 --> 00:01:40,559 Speaker 1: cost thirty five hundred dollars, which I'm assuming nobody wants 34 00:01:40,560 --> 00:01:44,160 Speaker 1: to pay. And so bloomerg Intelligence does say that one 35 00:01:44,200 --> 00:01:47,440 Speaker 1: potential way that Apple could navigate around this would be 36 00:01:47,480 --> 00:01:51,320 Speaker 1: maybe negotiate more domestic spending and win an exemption on 37 00:01:51,560 --> 00:01:54,320 Speaker 1: lower cost products in return. So, you know, more to 38 00:01:54,320 --> 00:01:56,560 Speaker 1: come on this story. We don't really have a confirmation 39 00:01:56,640 --> 00:01:59,640 Speaker 1: and where to terriff thinking lies as far as President 40 00:01:59,680 --> 00:02:03,000 Speaker 1: Donald goes, but yeah, these are kind of some of 41 00:02:03,000 --> 00:02:06,480 Speaker 1: the ways that people are thinking Apple could potentially deal 42 00:02:06,520 --> 00:02:10,080 Speaker 1: with this. Generous Motors GM, what's the story there. M Yeah, 43 00:02:10,120 --> 00:02:12,960 Speaker 1: we have a GM's financing arm out today with a 44 00:02:13,040 --> 00:02:16,640 Speaker 1: multitranch bond deal. That's after they already sold more than 45 00:02:16,680 --> 00:02:19,720 Speaker 1: two billion notes three months ago. And so we're seeing 46 00:02:19,720 --> 00:02:22,360 Speaker 1: GM seeing its first game in four sessions, just up 47 00:02:22,400 --> 00:02:25,400 Speaker 1: slightly four tens of one percent last I looked, And 48 00:02:25,440 --> 00:02:28,519 Speaker 1: so you know, we're looking generally at a more challenging 49 00:02:28,560 --> 00:02:30,360 Speaker 1: car market, of course, and GM is very much a 50 00:02:30,360 --> 00:02:33,600 Speaker 1: part of that. Bloomberg Intelligence citing a recent study by 51 00:02:33,720 --> 00:02:37,200 Speaker 1: Carage saying that roughly sixty five percent of potential new 52 00:02:37,240 --> 00:02:40,560 Speaker 1: car buyers would walk away from the market entirely, uh 53 00:02:40,680 --> 00:02:43,519 Speaker 1: if payments rose just five percent. So, but they're also 54 00:02:43,560 --> 00:02:45,640 Speaker 1: saying that a GM is one of the companies that's 55 00:02:45,960 --> 00:02:50,080 Speaker 1: navigating that and showing strong acumen in managing price elasticity 56 00:02:50,120 --> 00:02:51,640 Speaker 1: and also controlling its costs. 57 00:02:53,520 --> 00:02:57,560 Speaker 2: The Stock Mover's report from Bloomberg Radio. Check back with 58 00:02:57,639 --> 00:02:59,960 Speaker 2: us throughout the day for the latest roundup of company 59 00:03:00,280 --> 00:03:03,400 Speaker 2: making news on Wall Street and for the latest market 60 00:03:03,400 --> 00:03:07,880 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 61 00:03:07,960 --> 00:03:11,480 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 62 00:03:11,520 --> 00:03:13,000 Speaker 2: the Bloomberg Business app.